KEC International Bags New Orders; Stock Edges Lower

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KEC International: At 12:20 pm, the shares have been buying and selling decrease by 0.36 per cent on BSE

KEC International, an RPG Group firm, has bagged new orders price Rs 1,245 crore throughout its varied companies, together with transmission and distribution (T&D), civil works and cable companies. The shares of KEC International nonetheless edged decrease in a flat market; at 12:20 pm, the shares have been buying and selling at Rs 415, decrease by 0.36 per cent, on the BSE.

KEC International’s transmission and distribution enterprise has secured orders of Rs 629 crore for T&D tasks in India, SAARC, Middle East, Africa and the Americas. The Railways enterprise has obtained orders of Rs 446 crore in technologically enabled/ typical segments in India, orders for third rail and overhead electrification. The civil enterprise has secured orders price Rs 107 crore for infra works within the defence and industrial segments in India. And the cables enterprise has bagged orders of Rs 63 crore for varied sorts of cables in India and abroad.

Vimal Kejriwal, MD & CEO, KEC International mentioned, “We are pleased with the new order wins secured across our business verticals. With these orders, our total order inflow for FY21 stands at Rs 11,876 crores with a YOY growth of 5 per cent despite the challenging environment.”

KEC International is a world infrastructure engineering, procurement and development (EPC) main, with a presence in over 30 international locations.



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